Goods imports in Solomon Islands
Solomon Islands: Goods imports was 608.71 million BoP, current US$ in 2024. ◆ Volatile
Goods imports in Solomon Islands, 1975–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for goods imports in Solomon Islands is 608.71 million BoP, current US$, measured in 2024.
That represents a change of down 3.3% on the previous year and up 32.3% over ten years.
Over the whole period, goods imports in Solomon Islands peaked at 629.46 million BoP, current US$ in 2023 and was at its lowest, 25.79 million BoP, current US$, in 1976.
That places Solomon Islands 180th out of 200 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Goods imports in Solomon Islands, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1975 | 28.54 million BoP, current US$ | — |
| 1976 | 25.79 million BoP, current US$ | -9.6% |
| 1977 | 28.61 million BoP, current US$ | +10.9% |
| 1978 | 35.37 million BoP, current US$ | +23.6% |
| 1979 | 58.43 million BoP, current US$ | +65.2% |
| 1980 | 74.11 million BoP, current US$ | +26.8% |
| 1981 | 75.85 million BoP, current US$ | +2.3% |
| 1982 | 59.11 million BoP, current US$ | -22.1% |
| 1983 | 61.47 million BoP, current US$ | +4.0% |
| 1984 | 67.60 million BoP, current US$ | +10.0% |
| 1985 | 71.85 million BoP, current US$ | +6.3% |
| 1986 | 67.41 million BoP, current US$ | -6.2% |
| 1987 | 69.49 million BoP, current US$ | +3.1% |
| 1988 | 104.63 million BoP, current US$ | +50.6% |
| 1989 | 94.28 million BoP, current US$ | -9.9% |
| 1990 | 77.35 million BoP, current US$ | -18.0% |
| 1991 | 91.98 million BoP, current US$ | +18.9% |
| 1992 | 87.43 million BoP, current US$ | -4.9% |
| 1993 | 136.87 million BoP, current US$ | +56.5% |
| 1994 | 142.22 million BoP, current US$ | +3.9% |
| 1995 | 154.53 million BoP, current US$ | +8.7% |
| 1996 | 150.55 million BoP, current US$ | -2.6% |
| 1997 | 184.53 million BoP, current US$ | +22.6% |
| 1998 | 159.90 million BoP, current US$ | -13.4% |
| 1999 | 110.04 million BoP, current US$ | -31.2% |
| 2000 | 92.34 million BoP, current US$ | -16.1% |
| 2001 | 85.34 million BoP, current US$ | -7.6% |
| 2002 | 69.13 million BoP, current US$ | -19.0% |
| 2003 | 93.85 million BoP, current US$ | +35.7% |
| 2004 | 121.41 million BoP, current US$ | +29.4% |
| 2005 | 185.09 million BoP, current US$ | +52.4% |
| 2006 | 195.43 million BoP, current US$ | +5.6% |
| 2007 | 261.14 million BoP, current US$ | +33.6% |
| 2008 | 278.60 million BoP, current US$ | +6.7% |
| 2009 | 239.04 million BoP, current US$ | -14.2% |
| 2010 | 360.33 million BoP, current US$ | +50.7% |
| 2011 | 423.04 million BoP, current US$ | +17.4% |
| 2012 | 434.11 million BoP, current US$ | +2.6% |
| 2013 | 464.58 million BoP, current US$ | +7.0% |
| 2014 | 460.07 million BoP, current US$ | -1.0% |
| 2015 | 437.48 million BoP, current US$ | -4.9% |
| 2016 | 419.36 million BoP, current US$ | -4.1% |
| 2017 | 462.14 million BoP, current US$ | +10.2% |
| 2018 | 529.44 million BoP, current US$ | +14.6% |
| 2019 | 497.28 million BoP, current US$ | -6.1% |
| 2020 | 404.02 million BoP, current US$ | -18.8% |
| 2021 | 468.46 million BoP, current US$ | +15.9% |
| 2022 | 546.25 million BoP, current US$ | +16.6% |
| 2023 | 629.46 million BoP, current US$ | +15.2% |
| 2024 | 608.71 million BoP, current US$ | -3.3% |
Solomon Islands compared with similar countries
- Solomon Islands's 608.71 million BoP, current US$ is below the median for lower middle income countries, which is 9.23 billion BoP, current US$, 7% of the median. (47 countries reporting)
- Solomon Islands's 608.71 million BoP, current US$ is below the median for East Asia & Pacific, which is 8.66 billion BoP, current US$, 7% of the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 35.35 million BoP, current US$ | 25.79 million BoP, current US$ | 58.43 million BoP, current US$ | 5 |
| 1980s | 74.58 million BoP, current US$ | 59.11 million BoP, current US$ | 104.63 million BoP, current US$ | 10 |
| 1990s | 129.54 million BoP, current US$ | 77.35 million BoP, current US$ | 184.53 million BoP, current US$ | 10 |
| 2000s | 162.14 million BoP, current US$ | 69.13 million BoP, current US$ | 278.60 million BoP, current US$ | 10 |
| 2010s | 448.78 million BoP, current US$ | 360.33 million BoP, current US$ | 529.44 million BoP, current US$ | 10 |
| 2020s | 531.38 million BoP, current US$ | 404.02 million BoP, current US$ | 629.46 million BoP, current US$ | 5 |
Countries ranked near Solomon Islands
- 177 Saint Lucia 833.60 million BoP, current US$ compare
- 178 Antigua and Barbuda 792.94 million BoP, current US$ compare
- 179 Grenada 612.17 million BoP, current US$ compare
- 181 Eritrea 471.26 million BoP, current US$ compare
- 182 Turks and Caicos Islands 469.81 million BoP, current US$ compare
- 183 Saint Vincent and the Grenadines 457.75 million BoP, current US$ compare
More economy & growth data for Solomon Islands
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.9064 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.96 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 52.88 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0334 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 64.55 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 32.97 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -58.21 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0208 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 40.24 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate -0.3505 % change on previous year (2024)
Frequently asked questions
- What is goods imports in Solomon Islands?
- Goods imports in Solomon Islands was 608.71 million BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods imports recorded in Solomon Islands?
- The highest recorded value was 629.46 million BoP, current US$ in 2023.
- What is the lowest goods imports recorded in Solomon Islands?
- The lowest recorded value was 25.79 million BoP, current US$ in 1976.
- How does Solomon Islands rank for goods imports?
- Solomon Islands ranks 180th out of 200 countries with data for 2024.
- Is goods imports rising or falling in Solomon Islands?
- Over the last ten years it is up 32.3%. The long-run trend across the full record is volatile.
- Where does this Solomon Islands data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Goods imports (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Imports of goods occur when there are changes in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.